While at a bar, Lawrence and Holo learn about a magician attacking people with wolves. After completing their trading, the two head off for the next town, that is until they learn that group of bandits have been raiding caravans on the main road to the next town. Now Lawrence and Holo are forced to go down the path where the attacks have been. Are they the next victims?

Returning to the inn, Lawrence apologizes to Holo for before and gives her the little money he managed to collect, to use for traveling expenses. As Lawrence is leaving, he is surprised when Holo throws the money at him. After making up, Holo informs Lawrence of a dangerous plan to get him out of debt.

While in the town of Patzuille, Lawrence decides to purchase a better set of clothes for Holo. However, Lawrence only has a gold piece, too large denomination to purchase clothes. They return to Weiz, intending to exchange it for silver and agree to meet later at a tavern for drinks. Lawrence uses a "secret technique" to buy clothes for Holo that were once worn by a noble. He first buys cheap blankets at an inflated price to buy the expensive clothes at an extremely cheap price, made even cheaper by Holo's charm. Though the clothing merchant makes a profit on the blankets, he loses money on the entire deal because of the more expensive clothes.

Lawrence and Holo make their way to the chilly port town of Renos, known for its wood and fur. As he enters the town, Lawrence is given a tablet to identify him as a foreign merchant, allowing him to trade in the town. Intrigued by the town's history and legends, Lawrence decides to investigate. They settle into the local inn, where the innkeeper tells them about people who may be able to help them, including a man named Ligro, who was part of a strange gathering witnessed by Lawrence and Holo upon entering the town. They also meet a mysterious cloaked stranger, who Lawrence mistakes as male. Holo corrects him and jokingly chides him for having eyes for another woman.